Genesis Requests Timetable for Sale, Creditor Claims

User acquisition in crypto is broken and underdeveloped. Most projects don’t have a clear idea on how to acquire users, how their users interact with their applications, or where their users come from. Ask a crypto project what their LTV (lifetime value of a customer) or CAC (customer acquisition cost) is and you might receive

The price of XRP and Litecoin, two of the world's largest cryptocurrencies, fell to new 2018 lows on Wednesday.

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesBankrupt crypto exchange FTX and its debtors have asked the U.S. bankruptcy court of Delaware to approve the sale of some trust assets, funds of Grayscale

Nov 30, 2020 at 11:12 a.m. UTCUpdated Nov 30, 2020 at 11:15 a.m. UTCBitcoin price chart for November 2020(CoinDesk 20)Despite 12% Crash, Bitcoin Looks Set to Make Highest Monthly Close EverDespite the sharp pullback last week, bitcoin looks on track to post its highest-ever monthly price close.The number one cryptocurrency by market value fell by…

The central bank's framework will apply to single-currency stablecoins pegged to the Singaporean dollar or any G10 currency.Issuers of such stablecoins seeking regulation in Singapore must meet certain requirements related to value stability, capital and redemption capitals.The Monetary Authority of Singapore (MAS) has unveiled its framework for regulating stablecoins following a public consultation in October…

Nikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.The U.S. Securities and Exchange Commission (SEC) asked Grayscale to withdraw its application to launch a Filecoin (FIL) Trust product, the asset manager revealed Wednesday.Grayscale said in a press release that it had received a comment letter…

Binance, the world’s largest crypto exchange in terms of trading volume, may have found itself in the crosshairs of the U.S. regulators, but its venture capital (VC) arm, Binance Labs, continues to invest across the Web3 ecosystem.Despite the looming U.S. regulatory uncertainties and a continued bear market, Binance Labs has been able to grow its…

Credit: Shutterstock/Brian A JacksonA new derivative from Bitfinex allows investors to take a position on bitcoin's overall share of the cryptocurrency market. The Seychelles-based crypto exchange said Wednesday that the BTCDOM contract would allow investors to bet on bitcoin's dominance rate – a metric for determining the market's bitcoin value versus the value of other…

PodcastsMarkets Daily Crypto RoundupBitcoin News Roundup for Jan. 4, 2021Listen onIcons/Big/Google-PodcastsApple PodcastsIcons/Big/SpotifySpotifyIcons/Big/PocketcastsPocket CastsIcons/Big/Apple-PodcastsGoogle PodcastsIcons/Big/CastboxCastboxIcons/Big/StitcherStitcherIcons/Big/RadioPublicRadioPublicIcons/Big/RssRSS FeedJan 4, 2021Adam B. LevineHostLyllah LedesmaHostWith the price of the top two cryptocurrencies exploding into the new year, CoinDesk’s Market’s Daily is back with the latest crypto news roundup.This episode is sponsored by Nexo.io.Today's stories:Bitcoin Blasts Past $34K for First Time,…